Newsquawk Rundown, Daily Podcast

Asian equities joined the global stock rout, Mainland China and South Korean markets were closed due to public holidaysHong Kong is reportedly studying a curfew to contain protest violence, according to local pressUS will impose retaliatory tariffs of 10% on EU aircrafts, 25% on EU agriculture and industrial goods, effective October 18thEU is ready to grant another Article 50 extension even if the letter is not signed by UK PM Johnson, diplomats stated that no European leader has reached the...

European equities are lower as sentiment remains subdued from yesterdays events and ahead of today’s risk catalystsWTO are to announce the decision on the US' right to retaliate to against the EU over their Airbus (AIR FP) subsidies at 15.00 BSTEU Sources note UK proposals on Brexit as reported by the media "won't fly" and seem "fundamentally floored"In FX, DXY has regained ground against most G10 peers while the debt complex has been...

Asian equity markets were negative and followed the lead from Wall Street, ASX 200 underperformed, Mainland China and Indian markets were shutNorth Korea fired short-ranged projectiles towards the East Sea, one missile reportedly landed inside Japan’s Exclusive Economic Zone (EEZ)UK PM Johnson will today unveil a new ‘two borders for four years’ Brexit plan which will leave Northern Ireland in a special relationship with Europe until 2025Irish Foreign Minister Coveney said the UK PM’s Brexit plan...

European equities are subdued this morning in-spite of a firmer open on a strong Asia-Pac leadFed's Evans (Voter, Dove) says after the rate cuts, the Fed should leave policy on hold for some time, says there is a limit to what Monetary Policy can achieveIn Hong Kong a protestor has reportedly been shot in the chest as the situation continues to escalatePM Johnson says we are going to make a very good offer but are not going to produce the proposals now that will be made in BrusselsRBA...

Asian equities traded higher across the board, Chinese and Hong Kong markets were closed due to National Day holidayThe RBA cut its cash rate by 25bps to 0.75% as expected, reaffirmed easing bias, but added that a gentle turning point appears to have been reachedUK PM Johnson is said to release his final Brexit plan to EU leaders within 24 hours and will reportedly ask the EU to rule out further Brexit extensions as part of a new dealIn FX, DXY printed fresh YTD highs, USD/JPY climbed above 108,...

Major European indices are modestly firmer but little changed overall, on a relatively quiet session thus farUSD is firmer vs. most G10 counterparts with NZD the laggard although Sterling does modestly outperformUS Treasury official stated that there are no current plans to stop Chinese firms from listing on US exchanges.UK Opposition Leaders will be meeting today to find a way to force UK PM Johnson to ask for a Brexit extension as early as this weekendLooking ahead highlights include,...

Asian equities showed a mixed performance, Hang Seng (+0.4%) outperformed as Budweiser APAC’s debut signalled favourable IPO conditionsChinese Caixin Manufacturing topped estimates but trade concerns weighed on the one-year outlook and new export business continued to declineReports suggested that the White House is mulling limits on portfolio flows into China, however, a US Treasury official stated that there are no current plans to stop Chinese firms from listing on US exchangesUK Opposition...

27th September 2019 ·        Major European indices are firmer following on from a choppy Asia-Pac session·        FTSE 100 outperforms as Sterling slips and Gilts gain on dovish BoE Saunders·        Saudi Arabia have reportedly agreed to a partial ceasefire in Yemen, according to the WSJ·       ...

·        Major European indices are firmer from a mixed Asia-Pac session on further positive US-China remarks·        UK PM Johnson said he will not request a Brexit extension even if conditions of the Benn bill are met, while he also stated that changing the Irish backstop is under serious negotiation·        Chinese Commerce Ministry says US and China are closely...

Asian equity markets traded somewhat mixed as the region struggled to maintain the momentum from the USUS President Trump said China is making large agricultural purchases and there is a good chance that we'll make a trade deal with China, getting closer and closerUS President Trump announced the first stage of a new US-Japan trade dealUK PM Johnson said he will not request a Brexit extension even if conditions of the Benn bill are metECB's Lautenschlaeger (Hawk) resigned from the ECB...